The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

Coin Circle (120BtC.coM): Haseeb, partner of Dragonfly Capital, a venture capital institution
Qureshi recently tweeted that it only took four months for the social application Friend.tech (FT) to go from popularity to collapse. This issue attracted the attention of Vitalik, the founder of Ethereum.
Buterin's response.

 Dragonfly Partner: Social Finance (FT) is a flash in the pan

Haseeb Qureshi raised doubts. He believed that the pricing curve seemed to be the reason why FT stalled. The pricing curve made all Room
Owner's Key has risen rapidly, but the upward spiral has also led to a downward spiral. How did the FT team design it in the first place? And what did everyone learn from it?

DeFi researcher Ignas at Haseeb
At the bottom of Qureshi’s tweet, he pointed out that the narrative of social finance (SocialFi) rose and gradually disappeared in August and September last year, and the hype of Bitcoin ETF also gradually disappeared after its official launch. It can be seen that the conversion of “encryption narrative” is very fast. of.

This question also attracted a response from Vitalik Buterin, the founder of Ethereum.

 Vitalik: Bad GameFi is replacing game fun with speculation

Vitalik replied: The bad GameFi project is replacing the fun of games with financial speculation. Chain games need to be as interesting as traditional games. I have said it many times and I believe a similar situation also occurs in encrypted social applications.

Vitalik also predicts that the decentralized social protocols Farcaster and Lens Protocol will never disappear in four months like FT, and may even last as long as a year.

Haseeb Qureshi replied to Vitalik, saying that he agreed with his point of view, but he believed that in addition to "social + financial speculation = bad", there are many lessons worth learning from it.

And he also doubts whether it is too early to draw a conclusion by denying the social concept related to financial speculation now? Because most ideas require many attempts before they can be realized.